Notification No. 05/2020
Date: October 16, 2020
Subject: Exemption of IGST on satellite launch services.
Description:
This notification amends Notification No. 9/2017–Integrated Tax (Rate) by inserting a new entry exempting satellite launch services supplied by Indian Space Research Organisation (ISRO), Antrix Corporation Limited, or New Space India Limited. The exemption supports India’s space programme and promotes commercial satellite launch activities.
Issued for earlier notification?
Yes — it amends Notification No. 9/2017–Integrated Tax (Rate).